If you’re looking to finance a fixer-upper, there are several loan options to consider. For instance, you could take out a traditional mortgage for the home and fund the renovations yourself, use a hard money loan, or explore an FHA 203(k) loan. Many fixer-upper homebuyers choose the Federal Housing Administration’s 203(k) loan to combine the […]
Tag Archives: financing an investment property
For many people, investing in a rental property will be one of the most significant and stressful purchasing decisions they make. Finding an ideal property on the market, in the right neighborhood, with enough amenities to appeal to prospective tenants, and of course, funding the down payment, just scratches the surface of what goes into investing […]
With so many financing options, there are many ways to buy real estate without a conventional mortgage. Each option has benefits and disadvantages, so it’s up to the buyer to choose what’s best for them. One financing method that’s worth looking at is an assumable mortgage. So, to learn more about assumable mortgages and how […]
There are several ways to finance your rental property investment. If you’ve heard the phrase “hard money loan,” your mind may immediately think of a quick business deal. Well, that’s not too far off. Hard money loans offer fast financing for investors who need to borrow money. Read along as we go over hard money […]
Investing in real estate can be an excellent way for investors to diversify their portfolios and attain long-term wealth. After all, there are several benefits for rental property owners that make investments worth the time and effort. However, it’s not always an easy process. You need a large down payment, you must do adequate research, […]
In an effort to steady the market currently experiencing an increase in prices of food, gas, and homes, the Federal Reserve increased the interest rate by 0.25% in March of this year. Since then, there have been more increases, resulting in a range of 1.50% to 1.75% increase–and it’s not stopping there. But, what does […]
Are you looking to finance your rental property and join the increasing ranks of people in the rental property business? Well, the first thing you are going to have to do before officially becoming a landlord is to figure out financing for the property you are interested in leasing. Wondering How You Can Finance Rental […]
Purchasing rental property as an investment takes planning, decisiveness, and available capital to move quickly on a great deal. However, many investors face the same issues as new homebuyers – a lack of inventory. In addition, as the market across the country has become more and more competitive, investors are looking at property opportunities that […]
When it comes to choosing the right investment, real estate is on the top of many people’s lists. However, the large expense to buy a property and potentially renovate it can seem daunting. In fact, many investors shy away from income property due to the need for so much capital upfront. But did you know […]
The rental industry is continually evolving, and there are many potentially lucrative real estate investment strategies. One of those comes from Brandon Turner from BiggerPockets. The BRRRR strategy encourages investors to buy, rehab, rent, refinance, and repeat, but will this work for you? Join us below as we break down each step along with the […]
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